Residential Income

Morgan, TX Residential Income Properties for Sale

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Three-Duplex Multifamily Property
Updated: Aug 1
Three-Duplex Multifamily Property

905-909 Shepherd Street, Morgan, TX 76671

$425,000
7,048 sqft 1.35 AC lot
Three duplex buildings at 905, 907, and 909 Shepherd Street
7,048 square feet of improvements on 1.352 acres
Built in 2001 with rock and stone construction
Select units are currently leased
Central heating and cooling with electric service
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Duplex with Dual Three-Bedroom Units
Updated: Aug 1
Duplex with Dual Three-Bedroom Units

907 Shepherd Street, Morgan, TX 76690

$142,000
0.14 AC lot
2,580‑square‑foot duplex with two residential units
Each unit includes 3 bedrooms and 1.5 bathrooms
Built in 2001 on a 0.144‑acre lot
Rock and stone construction with composition roof
Tile and carpet flooring with central air and electric heating
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Two-Unit Duplex with Open Parking
Two-Unit Duplex with Open Parking

909 Shepherd Street, Morgan, TX 76690

$129,900
0.14 AC lot

Each residence provides two bedrooms and one-and-a-half bathrooms in a practical residential layout.

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See hot listings in Morgan

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Three-Duplex Multifamily Property
Three-Duplex Multifamily Property

905-909 Shepherd Street, Morgan, TX 76671

$425,000
7,048 sqft

Three duplexes offer flexible acquisition options, with select units currently leased in Morgan.

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Two-Unit Duplex with Carport
Two-Unit Duplex with Carport

905 Shepherd Street, Morgan, TX 76671

$145,000
0.14 AC lot

Separate residences support rental income or owner occupancy with practical everyday layouts.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 5 Active listings in Morgan, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Ranch-Style Short-Term Rental
Ranch-Style Short-Term Rental

175 Tobacco Road, Whitney, TX 76692

$1,390,000
14.00 AC lot

A multi-bedroom vacation rental with recreational amenities, outdoor entertaining space, and access to Lake Whitney.

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Highway-Front Mixed-Use Property
Highway-Front Mixed-Use Property

2869 S HWY 144, Glen Rose, TX 76043

$1,850,000
5.59 AC lot

Mixed-use acreage combines a sports bar, rental residences, and occupied RV hookups with established site improvements.

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15-Unit Apartment Complex
15-Unit Apartment Complex

17099 Trailwood Drive 14-28, Whitney, TX 76692

$2,499,000

Five buildings provide a consistent one-bedroom, one-bath layout within the White Bluff resort community.

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Land, Glen Rose, TX
Land, Glen Rose, TX

2113 County Road 2012, Glen Rose, TX 76058

$1,430,000
20.00 AC lot

Single family properties · 20.00 Acres

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

20 Acres on Chisholm Trail
20 Acres on Chisholm Trail

13763 FM 56, Morgan, TX 76671

$549,900
20.00 AC lot

20-acre property along the Chisholm Trail in Morgan, Texas.

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4 Acres Ready for Development
4 Acres Ready for Development

TBD Lot 15 E Lumpkin Street, Meridian, TX 76665

$99,500
4.00 AC lot

Unimproved 4-acre lot with utilities in Meridian, Texas.

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Bosque River Waterfront Land
Bosque River Waterfront Land

520 County Road 2357, Meridian, TX 76665

$125,000
1.63 AC lot

Riverfront acreage with a water meter and a portion of the property outside the flood plain.

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Hunting Land with RV Cover
Hunting Land with RV Cover

235 Private Road 2124, Meridian, TX 76665

$349,000
12.27 AC lot

Two-lot recreational tract with a hilltop building site, seasonal creek, storage building, and shared well.

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Off-Market Properties in Morgan, TX

Consider similar Off-Market properties in Morgan, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

905-909 Shepherd St
Multifamily properties

905-909 Shepherd St, Morgan, TX 76671

Estimated value: by Request
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Morgan, TX Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Morgan, TX, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 14,096 square feet of properties for sale, with an estimated market value of $1,266,900.

Sale prices for residential investment properties in Morgan, TX start at $129,900, averaging $253,380, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 5
Multifamily properties 5

Demographics Overview

Population 1,976
Population Growth (5Y) +14.8%
Median Household Income $69,054
College Educated 17.7%

High-Yield Neighborhoods for Investment

Identify Morgan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Walnut Springs - 76690 $136K
Morgan - 76671 $331.7K

Taxes & Financing

Tax Rate (average for all types) 0.81%
Property Tax per SF $26.06 per SF
Tax Rate vs County Average 0.55 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bosque County

New Delisted

Total CRE Inventory on Market (SF)

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